Damodaran on Valuation_ Security Analysis for Investment and Corporate Finance ( PDFDrive )

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FIGURE 8.3 PEG Ratios for High-Growth Firms—U.S.
Technology firms in January 2006


Table8.4includesthesummarystatistics,inJanuary 2006,
forPEGratiosfortechnologystocksandallstocks.Themean
PEGratio for technology stocksis slightly lower thanthe
meanPEGratioforallstocks.Inaddition,forbothgroupsthe
mean ishigherthan themedian. Inboth groups,there are
significant numbers of firms with outlandishly high PEG
ratios; the outliers are more extreme in the general group.


TABLE8.4PEGRatios:TechnologyversusNontechnology
Stocks


All FirmsTechnology Firms
Mean 2.64 2.54
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